Research "NFT market value expected to grow to $ 231 billion by 2…
본문
Research "NFT market value expected to grow to $ 231 billion by 2030"
According to Cointelegraph, a media specializing in cryptocurrency, a report recently released by Verified Market Research (VMR), a global market research institute, diagnosed that "the value of the NFT market can grow to $ 231 billion by 2030." The report said, "Last year, the value of the NFT market was approximately $11.3 billion. The NFT industry is expected to record an average annual growth rate of 33.7%, and NFT technology can be applied to many industries, including music, movies, and sports." explained.
Cello "Validator Nodes Solve Network Outages"
CELO, which announced the network outage on the morning of the 14th, said on its official Twitter account, “Validators have resolved the network outage issue.” told Cello previously announced that due to this network outage, validator node operators must enter the validator-operator channel in Discord to update their nodes according to the guidelines.
Ethereum Completes MEV Boost Shadow Fork
According to Decrypt, Ethereum has completed the latest shadow fork required for the merge process. The shadow fork tests the MEV (miner extractable value) boost function. The MEV boost function allows validators to give space in blocks they create to other validators, thereby encouraging competition among validators. It is explained that it mitigates the risk that miners can receive bribes and manipulate the order of on-chain transactions, and increases the profits of validators, which have significantly decreased compared to existing POW mining after POS conversion.
Celsius admits $1.2 billion hole in balance sheet
According to CoinDesk, Celsius' advisory partner, Kirkland & Ellis LLP, released a report revealing that there is an estimated $1.2 billion hole in the Celsius network's balance sheet. According to filings filed in bankruptcy court for the Southern District of New York, Celsius has $4.3 billion in assets and $5.5 billion in liabilities. It is known that the cryptocurrency exchange FTX previously considered financing or acquiring Celsius, but abandoned it after confirming Celsius' financial condition. "FTX saw a $2 billion hole in Celsius' balance sheet and decided it would be difficult to fix," a source explained at the time.
Circle $55.7 Billion in USDC Reserves, No Audit
Dollar-linked stablecoin USDC issuer Circle has released a USDC reserve report on its official blog. However, it said that no related audit was conducted. According to the report, as of June 30, USDC reserves stood at $55.7 billion, consisting of $42.1 billion of short-term U.S. Treasuries (average maturity 44 days, latest maturity date is 9/29) and $13.6 billion in cash. . Cash reserves are kept at Bank of New York Mellon, Customer Bank, Community Bank of New York, and Silvergate Bank. The USDC circulating supply is $55.4 billion, with reserves exceeding the circulating supply.
OpenSea laid off about 20% of all employees
According to The Block, NFT marketplace OpenSea has announced that it has laid off about 20% of its entire workforce. OpenSea CEO Devin Finzer tweeted: “Today is a tough day for us. "Over the winter, we're going to see tremendous innovation across the ecosystem, and we have the strength to keep pushing it forward." The specific number of employees affected by the action is not known, but according to LinkedIn, OpenSea has 769 employees.
Mizuho Anal Says Coinbase Is Losing Market Share
“Cryptocurrency exchange Coinbase continues to lose market share,” said Dan Dolev, an analyst at Mizuho Financial Group, Japan’s largest financial institution, according to CoinDesk. He predicted that Coinbase's market share would drop to 2.9% in July. Coinbase had a market share of 8-9% in November last year. Since then, it has averaged 5.3% in the first quarter of 2022. It also estimated Coinbase average July trading volume at around $1.2 billion. Binance's estimate for July is $11 billion. “These trends are hurting Coinbase stock,” Dan Dolph said. appears to be,” he explained. He lowered his price target for Coinbase from $45 to $42. Currently, COIN is trading at $54.05, up 1.80%.
Gary Gensler "Cryptocurrency is a security"
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), said in an interview with Yahoo Finance, “If a company attracts money from investors, and investors expect to make a profit through the company’s efforts, it is security. In other words, cryptocurrency. is a security,” he said. “Stablecoins are being used as payment tokens in trading and lending platforms. It is similar to short-term money market funds to the extent that the public can earn returns by investing money in stablecoins,” he said. “Stablecoins are poker chips. "The dollar-based cryptocurrency needs protection against fraud and manipulation exploits." Previously, Coinness reported that Chairman Gary Gensler said that Bitcoin is a commodity.
Joo Ji-young "I'm not an ignorant optimist... I made a profit with a short position"
CryptoQuant CEO Joo Ki-young just posted his cryptocurrency ROI on Twitter, saying, "I'm not a permabull." Although Ju Young's trading history is not included in the screenshot, his annual return was approximately 210.17%. In this regard, he said, "My return on investment is from a short position. I made an opinion that BTC could be 'bottom' from $30,000, and actually took a short position at $50,000 and closed the position at $30,000 to make a profit. It was too early to mention a bottom around $30,000, but at that time, the market had a black swan, such as Luna Foundation Guard (LFG) selling 80,000 BTC. Don't get me wrong. Even last year, I was the theme of 'Asian' An NFT called 'FUD maker' was also traded. The on-chain data is not always optimistic," he emphasized.
Changpeng Zhao "FTX Alameda's 3ac support, a choice I would never make"
According to Decrypt, crypto exchange Binance CEO Changpeng Zhao said on the gm podcast that FTX and Alameda Research's support of 3ac was "very surprising." "I would never do a deal like that, I would never say who to invest in, who would lend me money, etc. I wouldn't support 3ac, I would rather have kept my money," he said. Previously, Changpeng Zhao tweeted when FTX announced its policy of supporting BlockFi, "Don't perpetuate a bad company. Let other better projects fill the void."
Terra 'cash channel' paper company confirmed... Reinforcement of the prosecution investigation team
